Digital Assets

Stablecoins

Hong Kong's Stablecoin Regime Attracts 77 Expressions of Interest

By Editors | 02/09/2025

The HKMA has received expressions of interest from banks, tech firms, securities firms and asset managers, among others.

Cryptocurrency

Hong Kong Listed Companies Form Virtual Assets Industry Body

By Editors | 02/09/2025

The new association, backed by nearly 40 firms, aims to foster compliance and support Hong Kong's digital asset hub ambitions.

Emerging Prudential Risks

RBA Flags Private Market Risks, Digital Currency Assessment in New Plan

By Editors | 02/09/2025

The RBA's corporate plan highlights financial stability risks from non-bank lending and outlines key work on a potential CBDC.

Sustainable Finance

Hong Kong Details Progress on Green Finance, ISSB Roadmap

By Manesh Samtani | 01/09/2025

Christopher Hui outlined Hong Kong's market leadership, a 2028 timeline for ISSB adoption, and plans for more tokenised government green bonds.

Cryptocurrency

Malaysia Affirms Crypto Trading, Mining and Exchange Income are Taxable

By Nithya Subramanian | 01/09/2025

Malaysia’s Ministry of Finance said income from cryptocurrency activities is taxable, and digital services from local and foreign providers are subject to service tax.

Tokenisation

BNM to Release Tokenisation Discussion Paper in 2025

By Nithya Subramanian | 01/09/2025

Malaysia’s MOF said BNM is working with industry experts and regulators to test tokenised deposits, ringgit-backed stablecoins and wholesale CBDCs.

Cryptocurrency

BSP Extends Moratorium on New Crypto Licences Indefinitely

By Editors | 01/09/2025

The central bank cites consumer protection and financial stability risks, continuing a freeze that was set to expire this year.

Stablecoins

Thailand Pivots from Public CBDC to Private Stablecoins

By Editors | 01/09/2025

The central bank has no plans for a public digital baht, shifting focus to wholesale applications and a sandbox for privately-issued stablecoins.

Tokenisation

Thailand Selects KuCoin for Launch of Tokenised Government Bond

By Editors | 31/08/2025

The THB 5 billion initiative aims to democratise access to sovereign debt for retail investors, with KuCoin joining a government-approved consortium.